SBSP chief Om Prakash Rajbhar has revived the long-standing discussion about dividing Uttar Pradesh, claiming Prime Minister Narendra Modi assured him the state could be split into four parts after a caste census. Rajbhar's statement, made at a rally in Deoria, links the division to the 27% reservation issue and suggests a Rajbhar could become chief minister of a new Purvanchal state. The demand for UP's division has historical precedents, notably from former Chief Minister Mayawati.
'Nitishji as CM never supported the UCC and publicly expressed his strong reservations over UCC.'
Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
The National Stock Exchange (NSE) has set its initial public offering (IPO) price band at Rs 1,700-1,785 per equity share, with the subscription period running from September 17 to September 21, aiming to raise up to Rs 22,569 crore.
Indian benchmark indices, Sensex and Nifty, closed marginally lower due to elevated crude oil prices, fresh US-Iran tensions, and expectations of a tighter monetary policy from the US Federal Reserve, despite strong domestic GDP growth.
RBI Governor Sanjay Malhotra stated that the central bank consistently views fintechs as 'valuable partners' in shaping India's future financial system, crediting the sector with expanding financial inclusion, enhancing customer experience, and streamlining credit delivery, particularly for MSMEs.
Tata Capital remains confident in its 23-25 per cent growth guidance, driven by strong momentum in Retail and SME segments, despite facing pressures from rising funding costs and potential impacts from new RBI regulations on revolving credit.
Maa Mansa Devi, revered as the Hindu goddess of serpents, is worshipped for protection from snakebites, fertility and prosperity. She is also popularly known as the wish-fulfilling goddess. In Hindu mythology, Mansa is associated with sage Kashyapa and is regarded as the sister of Vasuki, the serpent king.
Gujarat Titans head coach Ashish Nehra has offered insights into Shubman Gill's captaincy style, comparing him to Hardik Pandya and noting Gill's reserved yet keen approach to leadership. Nehra also discussed the uncertain future of Rohit Sharma and Virat Kohli for the 2027 ODI World Cup, stating it's too early to predict. He also touched upon his own coaching ambitions and reflected on past World Cup losses.
The Mamata Banerjee-led faction of the Trinamool Congress has unveiled a new logo featuring a football player as its interim election symbol. This move comes after the Election Commission froze the party's original name and symbol due to an internal dispute. The new symbol, along with the name 'Mamata All India Trinamool Congress', will be used in the upcoming October 6 bypolls, with the faction actively publicising it to familiarise voters.
Finance Minister Nirmala Sitharaman has urged the Reserve Bank of India to accelerate its central bank digital currency initiatives, emphasising the need to sharpen capabilities with the digital rupee amidst rapid advancements in tokenisation, agentic AI, and quantum computing. She also highlighted critical concerns regarding cybersecurity, warning that autonomous AI systems are evolving rapidly and require robust safeguards. Sitharaman proposed a federated industry platform to give India's technology ecosystem a collective international voice.
National Investment and Infrastructure Fund Limited (NIIF) has appointed Gauravjit Singh as managing partner to lead its global capital formation efforts. Simultaneously, PB Fintech's payment aggregator platform, PB Pay, has gone live, offering consolidated payment acceptance for merchants. In a move to enhance trade efficiency, the Directorate General of Foreign Trade (DGFT) has introduced open API integration for Certificate of Origin, allowing exporters to streamline their application processes.
The Trinamool Congress has submitted new names and symbols to the Election Commission for the upcoming West Bengal bypolls, following an interim order that temporarily barred the party from using its original name and "flowers and grass" symbol due to an ongoing internal dispute and split. The party submitted its choices under protest.
Credit card spending in India has consistently topped Rs 2 trillion for three consecutive months, with July 2026 recording Rs 2.08 trillion, indicating a new normal for consumer expenditure, according to the latest RBI data.
Analysts predict that the Indian stock market's sentiment this week will be primarily influenced by the domestic GDP data announcement, crude oil prices, and the crucial US non-farm payrolls report.
Finance Minister Nirmala Sitharaman announced that India's real GDP grew by 7.8 per cent in the April-June quarter, surpassing the RBI's forecast. She attributed this strong performance to government reforms and agile economic management, reaffirming the government's commitment to expanding economic opportunities.
Venu Srinivasan, a trustee and Tata Sons nominee director, has requested a regulatory inquiry into the governance of the Sir Dorabji Tata Trust, one of the charitable entities controlling 66 per cent of Tata Sons, citing concerns over trustee appointments and the trusts' involvement in commercial affairs.
India's deposit growth has reached a 15-year high of 17.8 per cent, primarily driven by a surge in foreign currency non-resident (bank), or FCNR(B), deposits. This influx of funds is expected to lead to a softening of corporate loan rates as banks seek to deploy their excess liquidity.
The Union environment ministry's expert panel has approved a fourth underground coal mining project in Madhya Pradesh's Umaria district, close to the vital Bandhavgarh-Achanakmar tiger corridor. These clearances, granted since July, raise concerns about biodiversity and tiger movement, despite conditions for wildlife conservation plans and compensatory afforestation. The projects involve significant forest land diversion and pose risks like land subsidence and habitat disturbance for Schedule-I species.
Despite large inflows of foreign funds mobilised through the Reserve Bank of India's (RBI's) concessional swap schemes, the rupee has seen little impact because the dollars have largely been absorbed into the central bank's reserves instead of being released into the spot market, according to market participants.
'When the House adjourned, they were not yet getting 360. They were short of that, maybe by six or seven or ten.' 'So they wanted to break more parties and get their support, and they were engaged in that.'
Analysts predict that developments in the West Asia conflict, crude oil prices, and upcoming US inflation data will be the primary factors influencing the Indian stock market next week, alongside foreign investor activity and global market trends.
Suchika Tariyal, a 36-year-old Indian athlete, has secured India's first medal at the Aichi-Nagoya Asian Games by reaching the semifinals of the women's Traditional Mixed Martial Arts (MMA) 60kg event. Her journey began at age 12, driven by a desire for self-defence, leading her through successful careers in judo and jiu-jitsu before transitioning to MMA. She aims to convert her assured bronze into a gold medal.
The Election Commission has allotted the 'Football Player' symbol to the Mamata Banerjee-led faction of the Trinamool Congress for the upcoming West Bengal bypolls, while the rival Arup Roy-led group will contest with the 'Envelope' symbol.
Congress general secretary Jairam Ramesh has alleged that the BJP's "real and ultimate target" in seeking a two-thirds majority in the Lok Sabha is to amend the Constitution to end reservation, rather than genuinely implement women's reservation.
The Indian government has mandated that banks and payment providers cannot levy charges on UPI transactions up to Rs 2,000 or on payments made via RuPay debit cards. This directive follows an amendment to the Payment and Settlement Systems Act, 2007, aiming to sustain and expand the digital payments ecosystem.
The Supreme Court commuted the death sentence of a man convicted of sexually assaulting and strangling his six-year-old step-daughter to life imprisonment for the remainder of his natural life. The court affirmed his conviction but cited mitigating circumstances and the state's failure to exclude the possibility of his reformation, while also highlighting issues with the trial court's sentencing procedure.
The parents of IIT Bombay student Sahil Wakode, who allegedly died by suicide, have begun a hunger strike demanding action against those they accuse of tormenting their son due to caste discrimination. The institute has deferred mid-semester examinations and reissued an apology for an earlier statement regarding the circumstances of his death.
Pakistan is set to participate in the Men's Asian Champions Trophy hockey tournament in India, with Punjab Chief Minister Bhagwant Mann confirming the union government's policy allows multi-lateral engagements despite bilateral tensions. The tournament, featuring six nations including India and Pakistan, will be held from October 27 to November 5 in Jalandhar and Mohali, with free entry for all matches.
State-owned Coal India Ltd (CIL) and ArcelorMittal Nippon Steel India (AMNS) have signed an MoU to explore setting up a coal gasification plant near AMNS's Paradip pellet plant in Odisha. This initiative aims to produce synthesis gas for cleaner steel production, reduce reliance on imported fuels, and align with India's goal of gasifying 100 million tonnes of coal by 2030, supported by a Rs 37,500-crore government incentive scheme.
India's balance of payments (BoP) recorded an $8.1 billion deficit in the first quarter of 2026-27 (Q1FY27), a significant increase from a $4.5 billion surplus in the corresponding period of the previous year, primarily driven by a sharp reversal in portfolio flows.
Tata Motors has officially launched the Tata Sierra #DARK in India, with prices starting from 13.99 Lakh (ex-showroom). This new edition features a Friesian Black exterior, a Violet Eclipse interior, and a range of engine and transmission options across multiple variants.
'The issue appears to be less about Chandrasekaran personally and more about the direction Tata Sons should take.'
Within days of the RBI's letter to Tata Sons that its CIC deregistration application had been rejected, the regulator filed a caveat in the Bombay High Court so that it could be heard before any order is passed on the matter in case there's a petition challenging its listing directive.
Indian tennis player Yuki Bhambri is a doubtful starter for the upcoming Davis Cup tie against Korea in Seoul due to a right-leg strain suffered during practice, though he has assured his participation in the Asian Games is not threatened.
Odisha Police's STF and the Wildlife Crime Control Bureau are investigating the rescue of five baby orangutans in Balasore, suspecting an international wildlife trafficking network. The probe focuses on a black SUV seen near the rescue site and potential routes from West Bengal, with officials believing the animals were trafficked from Southeast Asia. Chief Minister Mohan Charan Majhi has called for stringent action against those involved.
A high-level committee, including representatives from banks and payment associations, is set to decide on Merchant Discount Rate (MDR) for UPI transactions exceeding Rs 2,000 to merchants. While person-to-person and person-to-merchant transactions up to Rs 2,000 remain free, the move follows a recent amendment to the Payment and Settlement Systems Act, sparking debate and clarification from the Finance Minister that only certain high-value merchant transactions might incur charges.
Punjab Chief Minister Bhagwant Mann announced that Pakistan will participate in the Men's Asian Champions Trophy hockey tournament in India, scheduled from October 27 to November 5. This participation aligns with the Indian government's policy allowing multi-lateral sporting engagements with Pakistan, despite a ban on bilateral series. The tournament will be held in Jalandhar and Mohali, featuring six nations including India and Pakistan, with a highly anticipated India-Pakistan match on November 1.
New Delhi is gearing up to host the 18th BRICS Summit at Bharat Mandapam on September 12-13, with extensive preparations underway across key venues, roads, hotels and security zones.
